MMP Industries Ltd. (MMP) AI Stock Analysis

• Market Cap: ₹6.44B
• Dividend Yield: 0.59%
• Average Volume (3M): 36.27K
• Price to Earnings (P/E): 29.1
• Beta (1Y): 1.62
• Revenue Growth: 23.52%
• EPS Growth: -36.64%
• Country: IN
• Employees: 432
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Aluminum
• EPS (TTM): -2.13
• Shares Outstanding: 25,402,613
• 10 Day Avg. Volume: 28,587
• 30 Day Avg. Volume: 36,272
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹302.00
• Price Target Upside: 19.18% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 64 Neutral
• Price Target: ₹302.00 ▲(19.18% Upside)

The overall stock score is primarily influenced by strong revenue growth and stable profitability, although rising leverage and cash flow challenges are notable risks. Technical indicators show moderate bullish momentum, while valuation metrics suggest limited income potential.

MMP Industries Ltd. Business Overview & Revenue Model

Company Description

MMP Industries Ltd. (MMP) is an Indian company engaged in the manufacturing and sale of a range of aluminum and aluminum-based products. The company operates in sectors including industrial manufacturing and consumer goods, offering products such as aluminum powder, paste, and foil. MMP is known for its high-quality aluminum products that cater to various industries such as automotive, construction, and consumer goods.

How the Company Makes Money

MMP Industries Ltd. generates revenue primarily through the production and sale of aluminum products. The company's key revenue streams include the sale of aluminum powders, which are used in diverse applications such as pyrotechnics, paints, and coatings, as well as aluminum pastes and foils catering to industrial and consumer needs. MMP's earnings are significantly influenced by its ability to maintain strong relationships with industrial clients across sectors, and its strategic partnerships with suppliers and distributors help stabilize and expand its market reach. The company's focus on quality and innovation also contributes to its competitive edge, enabling it to maintain a robust revenue model.

MMP Industries Ltd. Financial Statement Overview

Summary

MMP Industries Ltd. shows strong revenue growth and stable profitability with a solid equity base. However, rising leverage and cash flow challenges present risks that require attention. Effective management of operational efficiencies and cash flow is essential.

Income Statement

MMP Industries Ltd. has shown strong revenue growth over the years, with a notable increase from 2021 to 2025. The gross profit and net profit margins have remained relatively stable, indicating consistent profitability. However, the decline in EBIT margin from 2024 to 2025 suggests potential operational inefficiencies or increased costs. Overall, the income statement reflects solid growth and profitability, albeit with some pressure on operating margins.

Balance Sheet

The company has maintained a stable equity base, with stockholders' equity increasing consistently. The debt-to-equity ratio has risen, indicating increased leverage, which could pose a risk if not managed carefully. The equity ratio remains healthy, highlighting a strong asset base supported by equity. Overall, the balance sheet shows financial stability but with a rising leverage trend that needs monitoring.

Cash Flow

Operating cash flow has been positive, but recent periods show a significant drop, affecting free cash flow negatively. The free cash flow to net income ratio has been weak, indicating challenges in converting earnings into cash flow. While financing cash flows have supported the cash flow statement, reliance on financing could be a concern if operational cash generation does not improve. Overall, cash flow management requires attention to ensure sustainable operations.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2021	Mar 2022
Income Statement
Total Revenue	6.92B	5.78B	5.38B	2.31B	4.48B
Gross Profit	1.03B	976.49M	811.86M	540.96M	824.01M
EBITDA	648.73M	475.61M	358.51M	270.47M	424.04M
Net Income	388.75M	316.40M	213.21M	174.48M	289.86M
Balance Sheet
Total Assets	5.49B	4.35B	3.58B	2.72B	3.35B
Cash, Cash Equivalents and Short-Term Investments	109.81M	3.72M	20.45M	50.56M	2.29M
Total Debt	1.56B	932.24M	575.63M	295.05M	521.50M
Total Liabilities	2.26B	1.46B	1.01B	626.96M	971.71M
Stockholders Equity	3.23B	2.89B	2.57B	2.09B	2.38B
Cash Flow
Free Cash Flow	-495.33M	-8.89M	23.36M	-264.44M	-309.60M
Operating Cash Flow	24.91M	427.50M	328.33M	114.70M	189.64M
Investing Cash Flow	-511.31M	-417.35M	-238.40M	-271.45M	-194.88M
Financing Cash Flow	592.20M	-26.74M	-71.86M	-14.25M	3.54M

MMP Industries Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 253.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MMP, the sentiment is Negative. The current price of 253.4 is below the 20-day moving average (MA) of 273.84, below the 50-day MA of 270.90, and below the 200-day MA of 286.19, indicating a bearish trend. The MACD of -6.37 indicates Positive momentum. The RSI at 32.75 is Neutral, neither overbought nor oversold. The STOCH value of 20.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MMP.

MMP Industries Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MAHASTEEL	74 Outperform	₹5.50B	65.00		―	2.99%	45.21%
KUANTUM	65 Neutral	₹10.09B	11.33		2.62%	-11.03%	-43.24%
MMP	64 Neutral	₹6.44B	29.07		0.59%	23.52%	-36.64%
MAANALU	62 Neutral	₹6.31B	42.44		―	-14.99%	-52.62%
MANORG	53 Neutral	₹4.39B	19.01		―	7.39%	192.35%
GOACARBON	44 Neutral	₹4.21B	15.35		4.28%	-51.91%	-125.77%
Sector *	44 Neutral	C$923.76M	-8.68	-0.23%	2.69%	24.53%	-41.45%